Munster Medical Office Building

110 Ridge Rd, Munster, IN 46321

  • Rentable Bldg Area: 27,250 SF
  • Year Built: 1965
  • Min Divisible: 5,000 SF
  • Sales Price: $1,100,000
  • Max Contiguous: 24,180 SF
  • Cap Rate:
  • Lease Rate: $15.00
  • Land Area: 4.72 AC
  • Lease Rate Type: Triple Net

PROPERTY DESCRIPTION

This 24,180 SF medical office building sits on 4.72 acres and is now available for lease as well as for sale. With great visibility, it is located just off the corner of Ridge Road and Hohman Avenue in Munster, IN. Sitting right next to the Illinois border, it is conveniently located 1.7 miles from Munster Community Hospital (ranked in America' s top 50 Hospitals) and offers great tax advantages for prospective Illinois tenants and/or buyers. $500,000 recently invested towards the build out of a new surgery center. Population of over 232,000 people within 5 mile radius with an average household income of over $66,000. From I80/94 exit south on Calumet Ave to Ridge Rd. Turn west on Ridge Rd and continue 1 mile to property located on the left corner of Hohman Ave and Ridge Rd.